$10,000 Closing Credit*
$1,275,000
2,568 SqFt
4 Beds
•3 Full Baths
Mike Rowland, Listing Office: Windermere Rowland Realty
Is El Sobrante, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, El Sobrante has remained a Seller's Market.
Key Takeaway
El Sobrante is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in El Sobrante, CA
How much do homes in El Sobrante, CA cost?
Median Sold Price
$689,000
$484/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$41,000(-5.6%)
Key Takeaway
Homes in El Sobrante have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in El Sobrante was $689,000 in September 2024, down 5.6% from last year, and the median price per square foot was $484.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $306K | -5.8% |
| 2 Bedrooms | $595K | $556K | -6.6% |
| 3 Bedrooms | $740K | $695K | -6.1% |
| 4 Bedrooms | $820K | $751K | -8.4% |
| 5+ Bedrooms | $895K | $985K | +10.1% |
Summary: El Sobrante housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in El Sobrante, CA
How many homes are available in El Sobrante, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The El Sobrante real estate market had 39 homes for sale in September 2024, a 5.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The El Sobrante housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Sobrante, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in El Sobrante in September 2024, up by 116.7% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for El Sobrante, CA
How long does it take to sell a home in El Sobrante, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 41 Days | 33 Days | -18.8% |
Summary: Homes in El Sobrante had an average of 33 days on market in Sep 2024, down by 18.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in El Sobrante are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 13 homes were sold in El Sobrante; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.